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Stock Market & Financial Investment News

News Breaks
November 16, 2012
16:48 EDTINTU, EBAYCA AG files antitrust suit against eBay for 'handshake' hiring agreement
California Attorney General Kamala Harris filed a lawsuit against eBay (EBAY) for entering into a “handshake” hiring agreement with Intuit (INTU) that prohibited the company from recruiting and hiring one another's employees. The complaint alleges that from 2006 to 2009, senior executives at eBay and Intuit agreed not to recruit employees who worked for the other company, and eBay agreed not to hire any Intuit employees. The complaint alleges that emails exchanged between eBay’s CEO and Intuit’s founder and chairman detail their intention not to recruit or hire one another’s employees. Reference Link
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